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$619,000

Beds
4
Baths
2.0
sq ft
1,958

1201 East Gemini Drive, Tempe, AZ 85283

1201 East Gemini Drive

Tempe, AZ 85283

  • 50 days on market
    • Price drop $10,000↓
Welcome to this centrally located home in South Tempe! This charming residence offers 4 spacious bedrooms, 2 full bathrooms, and a 2-car garage complete with an EV outlet. The kitchen features stainless steel appliances and a sizable granite-topped island, perfect for entertaining. Throughout the home, you'll find a combination of tile and carpet flooring, complemented by elegant white shutters. The primary suite includes a walk-in closet and convenient access to the backyard pool and patio. The expansive, low-maintenance yard offers a beautiful pool and an RV gate for additional storage options.

Details

Property type

Single Family Residence

Est. home value

$615,106

Lot size

9,095 sq ft

Price per sq ft

$317

Year built

1976

Annual property taxes

$2,306

HOA

No

Price History

03/21/2025
ArizonaRegional

ArizonaRegional #6820040

Price change
$619,000
-1.59%
02/18/2025
ArizonaRegional

ArizonaRegional #6820040

Listed
$629,000
+139.62%
09/12/2014
ArizonaRegional

ArizonaRegional #5127658

Sold
$262,500
+38.89%

Schools & Community

Elementary school: 

Rover Elementary School

Middle school: 

Fees College Preparatory Middle School

High school: 

Marcos De Niza High School

High school district: 

Tempe Union High School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$435,327
Asking price
$619,000
Closing costs (~8% of asking)
-$49,520
Est. remaining loan balance
-$134,153
Cash to seller
$435,327

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Define Mortgage Solutions Llc

Loan start date

November 2020

Original loan amount

$181,000

Est. remaining balance

$134,153

Interest rate

2.35%

Loan type

New Conventional, 15 year

Seller

Edward R Brown and Lauren Brown

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/09/2025 at 2:25 PM

Listing updated: 04/07/2025 at 12:02 AM

Listed by: LaNita Stover, Locality Real Estate Phone #: (602) 758-6007

MLS: ArizonaRegional #6820040

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